How to Respond When Your Banker Requests a Visit
Borrowers should not be surprised when their lender requests a “checkup,” financial review, or audit.
Pier 1 to Liquidate After 58 Years in Business
"This is not the outcome we hoped for when we began [the Chapter 11] process, and we are deeply saddened to move forward with winding down Pier 1."
Yuma Energy Files for Bankruptcy, Plans to Liquidate
The company is planning to operate during the court-supervised bankruptcy process.
Modell’s Joins Sporting Goods Bankruptcy Parade
The 131-year-old company cited the “extremely challenging” retail environment in announcing it would pursue a Chapter 11 liquidation of all its 134 stores.
Fred’s to Close All Stores in Chapter 11 Bankruptcy Liquidation
The discount retailer has been reporting yearly losses since 2015.
Payless to File Bankruptcy, Shutter U.S. Stores
A Chapter 11 filing would be the second for the shoe retailer in less than two years amid heavy debt and online competition.
Chairman Lampert Wins Auction to Save Sears
The bankrupt retailer's "hand has not changed and the cards it holds are not winning ones," an analyst says.
Toys R Us Collapse Weighs on Hasbro Results
Hasbro's shares rally as executives assure Wall Street they are "working aggressively around the world to put the impact of Toys R Us behind us."
Toys R Us Liquidation Dashes ‘New Era’ Hopes
The bankrupt retailer says it will shut down all its U.S. stores after a disastrous holiday season thwarted its turnaround effort.
Bebe Stores to Shut Down All of Its Locations
A shift to online-only operations may be an option for the women's clothing chain, which has lost money for four straight years..
Sports Authority Sues Dozens of Suppliers
The suits seek to resolve a dispute between the insolvent retailer and its consignment vendors over $85 million worth of goods on its shelves.